Visa Expects to Make Up Lost Russia Revenue Within a Year
Visa Inc. has lost about 4% of the revenue booked during its most recent fiscal year by pulling out of...
Earnings Projections
UAW Chief Says He Hasn’t Had Talks With Tesla or Elon Musk
The leader of the United Auto Workers union said he hasn’t talked with Tesla Inc.’s Elon Musk after the chief...
BuzzFeed News Editor in Chief Is Stepping Down as Company Trims Workforce
BuzzFeed Inc., in its first earnings report as a public company, said it expected revenue to decline in the current...
Campbell Soup Sales Fall on Labor, Supply Constraints
Campbell Soup Co. CPB 0.60% posted lower quarterly sales as labor and supply constraints weighed on operations and profitability. The...
Target Profit Rises as Annual Revenue Crosses $100 Billion
Target Corp. TGT 0.28% reported strong sales gains in the holiday quarter, capping off a two-year pandemic run during which...
GE Warns Supply-Chain Issues to Pressure Profits, Cash Flow
General Electric Co. warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first...
Intel CEO Sees Revenue Growth Gaining Pace Starting Next Year
Intel Corp. Chief Executive Pat Gelsinger set a goal for the company to reach double-digit revenue growth in three to...
Pfizer Forecasts $54 Billion in 2022 Sales From Its Covid-19 Vaccine, Treatment
As Pfizer Inc. PFE -2.84% forecasts strong sales this year for its Covid-19 vaccine and treatment, the drugmaker is on...
Abbott’s Rapid Covid-19 Tests Boost Quarterly Sales Growth
Abbott Laboratories, ABT -2.53% one of America’s largest producers of rapid tests for Covid-19, said that testing-related sales were $2.3...
Netflix Is Expected to Log Smaller Profit as It Spends More on Content
Netflix Inc. NFLX 0.56% is banking on its large slate of entertainment to bring in new subscribers and justify its...
Americans’ Finances Got Stronger in the Pandemic—Confounding Early Fears
The Covid-19 pandemic threatened to ruin Americans’ finances. For many, the opposite happened.Though initial shutdowns caused unemployment to surge to...
Gene Lee, CEO of Olive Garden Parent, to Retire
Olive Garden’s parent company Darden Restaurants Inc. DRI -4.96% said that Gene Lee, the chief executive who has led the...
Uber CFO Focuses on Revenue Growth After Hitting Profitability Milestone
Uber Technologies Inc.’s finance chief said the ride-sharing and delivery company is focused on boosting its revenue and income after...
Airbnb Posts Record Results After Busy Summer Travel Season
Airbnb Inc. posted record revenue in the third quarter, punctuating the home-sharing company’s rebound from the collapse in bookings during...
Roku Shares Fall 8% After Hours on Slower Account Growth
Roku Inc. reported a slowdown in new active accounts for its streaming services in the latest quarter and guided for...
Pfizer Ups Covid-19 Vaccine Forecast as Sales More Than Double
Pfizer Inc. raised its forecast for sales of its Covid-19 vaccine this year to about $36 billion, a roughly 7%...
GE’s Profits Rise but Sales Miss Forecasts
General Electric Co. GE 1.20% reported stronger profits as cost cutting offset lower-than-expected sales of its industrial equipment in the...
Chipotle’s Profit More Than Doubles as Chain’s Burritos Get Pricier
Chipotle Mexican Grill Inc. said higher menu prices helped boost its profit as the burrito chain deals with increased labor...
Procter & Gamble to Raise Prices on More Staples
Procter & Gamble Co. PG -1.44% is raising prices on a host of household staples as costs for freight and...
J.B. Hunt Expects Strong Freight Demand to Extend Into 2022
Freight bellwether J.B. Hunt Transport Services Inc. expects bottlenecks at West Coast ports to intensify heading into the holidays, with...
